KENNETH LINDBLAD VVS ApS
Credit rating
Company information
About KENNETH LINDBLAD VVS ApS
KENNETH LINDBLAD VVS ApS (CVR number: 13828040) is a company from GLADSAXE. The company reported a net sales of 5.1 mDKK in 2023, demonstrating a growth of 111452.6 % compared to the previous year. The operating profit percentage was at 12.5 % (EBIT: 0.6 mDKK), while net earnings were 491 kDKK. The profitability of the company measured by Return on Assets (ROA) was 74.2 %, which can be considered excellent and Return on Equity (ROE) was 127 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 44.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. KENNETH LINDBLAD VVS ApS's liquidity measured by quick ratio was 1.7 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 4.03 | 4.76 | 4.80 | 4.58 | 5 104.65 |
Gross profit | 2.42 | 3.00 | 3.28 | 3.04 | 3 462.20 |
EBIT | -0.01 | 0.40 | 0.30 | 0.11 | 638.85 |
Net earnings | -0.01 | 0.30 | 0.20 | 0.06 | 491.00 |
Shareholders equity total | 0.45 | 0.20 | 0.33 | 0.34 | 773.08 |
Balance sheet total (assets) | 1.21 | 2.27 | 2.02 | 1.46 | 1 724.73 |
Net debt | -0.45 | -0.71 | -0.33 | -0.12 | -1 100.98 |
Profitability | |||||
EBIT-% | -0.3 % | 8.5 % | 6.3 % | 2.5 % | 12.5 % |
ROA | -0.9 % | 23.1 % | 14.1 % | 6.5 % | 74.2 % |
ROE | -1.8 % | 91.8 % | 76.0 % | 18.8 % | 127.0 % |
ROI | -2.1 % | 51.9 % | 28.9 % | 12.7 % | 141.6 % |
Economic value added (EVA) | -0.01 | 0.40 | 0.34 | 0.12 | 505.85 |
Solvency | |||||
Equity ratio | 37.5 % | 9.0 % | 16.3 % | 23.3 % | 44.8 % |
Gearing | 96.6 % | 62.0 % | 108.8 % | ||
Relative net indebtedness % | 7.2 % | 23.4 % | 23.4 % | 13.3 % | -3.3 % |
Liquidity | |||||
Quick ratio | 1.2 | 0.8 | 1.0 | 0.9 | 1.7 |
Current ratio | 1.3 | 0.9 | 1.1 | 1.0 | 1.8 |
Cash and cash equivalents | 0.45 | 0.91 | 0.53 | 0.49 | 1 100.98 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 35.2 | 13.8 | 42.1 | 26.7 | 17.2 |
Net working capital % | 6.1 % | -2.5 % | 1.9 % | -1.0 % | 13.3 % |
Credit risk | |||||
Credit rating | BB | BB | B | BB | BB |
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